Edison Investment Research - Invesco Asia Trust PLC (IAT) Invesco Asia Trust - Abundance of earnings recovery

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Edison Investment Research

Pedro Fonseca

Invesco Asia Trust - Abundance of earnings recovery

Invesco Asia Trust (IAT) continues to generate double-digit annualised NAV total return (11.8% over the past 10 years), supported by consistent income. In August 2020, the board introduced a new dividend policy to pay a regular six-monthly dividend equivalent to 2% of NAV (4% pa), a sizeable dividend enhancement from the FY20 annual dividend of 7p per share, at c 2.5% of NAV. The fund manager, Ian Hargreaves, runs the portfolio, blending growth and value styles. He targets double-digit annualised returns from each portfolio holding for over three years.

02/06/2021 1 EN

Underlying

Invesco Asia Trust PLC

INVESCO Asia Trust is an investment company. Co is engaged in investing the pooled funds of its shareholders, according to its specified investment objective and policy. Co. has contracted with an external investment manager, Invesco Fund Managers Limited, to manage its investments and for its general administration. Other administrative functions are contracted to external service providers.

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GB0004535307 London Stock Exchange United Kingdom

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Pedro Fonseca

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Invesco Asia Trust - Abundance of earnings recovery

Edison issues update on Invesco Asia Trust (IAT): Ready to exploit valuation dislocations in Asia

Invesco Asia Trust - Ready to exploit valuation dislocations in Asia

Invesco Asia Trust - Conviction pays off

Record - AUME momentum and a sharper focus

Actinogen Medical - Funding in place through key catalysts

Henderson Opportunities Trust - A differentiated exposure to smaller companies

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